Rite Aid Corporation Company Profile (NYSE:RAD)

About Rite Aid Corporation (NYSE:RAD)

Rite Aid Corporation logoRite Aid Corporation is a retail drugstore chain. The Company's segments include Retail Pharmacy and Pharmacy Services. The Company operates under The Rite Aid name. It operates approximately 4,560 stores in over 30 states across the country and in the District of Columbia. The Company's Retail Pharmacy segment consists of Rite Aid stores, RediClinic and Health Dialog. It sells brand and generic prescription drugs, as well as an assortment of front-end products, including health and beauty aids, personal care products, seasonal merchandise, and a private brand product line. Its front-end products include over-the-counter medications, health and beauty aids, personal care items, cosmetics, household items, food and beverages, greeting cards, seasonal merchandise and numerous other everyday and convenience products. The Company's Pharmacy Services segment consists of EnvisionRx, which provides a range of pharmacy benefit services.

Industry, Sector and Symbol:
  • Sector: Retail/Wholesale
  • Industry: Retail - Drugs without Grocery
  • Sub-Industry: Drug Retail
  • Symbol: NYSE:RAD
  • CUSIP: 76775410
  • Web: www.riteaid.com
Capitalization:
  • Market Cap: $3.94 billion
  • Outstanding Shares: 1,053,684,000
Average Prices:
  • 50 Day Moving Avg: $3.60
  • 200 Day Moving Avg: $5.46
  • 52 Week Range: $2.90 - $8.77
P/E:
  • Trailing P/E Ratio: 935.00
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: $32.85 billion
  • Price / Sales: 0.12
  • Book Value: $0.58 per share
  • Price / Book: 6.45
Profitability:
  • EBIDTA: $1.1 billion
  • Net Margins: 0.01%
  • Return on Equity: 11.35%
  • Return on Assets: 0.61%
Debt:
  • Debt-to-Equity Ratio: 11.90%
  • Current Ratio: 1.69%
  • Quick Ratio: 0.74%
Misc:
  • Average Volume: 20.30 million shs.
  • Beta: 1.85
  • Short Ratio: 2.33
 

Frequently Asked Questions for Rite Aid Corporation (NYSE:RAD)

What is Rite Aid Corporation's stock symbol?

Rite Aid Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "RAD."

How were Rite Aid Corporation's earnings last quarter?

Rite Aid Corporation (NYSE:RAD) announced its quarterly earnings results on Thursday, June, 16th. The company reported $0.01 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.05 by $0.04. The business earned $8.18 billion during the quarter, compared to analyst estimates of $8.23 billion. Rite Aid Corporation had a net margin of 0.01% and a return on equity of 11.35%. The company's revenue was up 23.1% compared to the same quarter last year. During the same quarter last year, the company posted $0.02 earnings per share. View Rite Aid Corporation's Earnings History.

Where is Rite Aid Corporation's stock going? Where will Rite Aid Corporation's stock price be in 2017?

5 brokers have issued 1 year price targets for Rite Aid Corporation's stock. Their predictions range from $4.70 to $6.75. On average, they expect Rite Aid Corporation's share price to reach $6.11 in the next twelve months. View Analyst Ratings for Rite Aid Corporation.

Are investors shorting Rite Aid Corporation?

Rite Aid Corporation saw a decline in short interest in the month of June. As of June 15th, there was short interest totalling 36,463,341 shares, a decline of 15.8% from the May 31st total of 43,298,017 shares. Based on an average daily volume of 25,261,737 shares, the short-interest ratio is currently 1.4 days. Approximately 3.5% of the company's shares are sold short.

Who are some of Rite Aid Corporation's key competitors?

Who are Rite Aid Corporation's key executives?

Rite Aid Corporation's management team includes the folowing people:

  • John T. Standley, Chairman of the Board, Chief Executive Officer
  • Kenneth A. Martindale, President - Rite Aid Corporation, Chief Executive Officer - Rite Aid stores
  • Darren W. Karst, Chief Financial Officer, Senior Executive Vice President, Chief Administrative Officer
  • David Abelman, Executive Vice President - Marketing
  • Bryan Everett, Executive Vice President - Store Operations
  • Jocelyn Z. Konrad, Executive Vice President - Pharmacy
  • Enio Anthony Montini Jr., Executive Vice President - Merchandising and Distribution
  • Douglas E. Donley, Chief Accounting Officer, Senior Vice President
  • Michael N. Regan, Lead Independent Director
  • Joseph B. Anderson Jr., Independent Director

Who owns Rite Aid Corporation stock?

Rite Aid Corporation's stock is owned by a number of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (8.07%), BlackRock Inc. (4.83%), State Street Corp (1.91%), APG Asset Management N.V. (1.46%), FMR LLC (0.92%) and Morgan Stanley (0.84%). Company insiders that own Rite Aid Corporation stock include Douglas E Donley and Tony Montini. View Institutional Ownership Trends for Rite Aid Corporation.

Who sold Rite Aid Corporation stock? Who is selling Rite Aid Corporation stock?

Rite Aid Corporation's stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, M&T Bank Corp, UBS Group AG, OppenheimerFunds Inc., Marshall Wace LLP, Los Angeles Capital Management & Equity Research Inc., TIAA CREF Investment Management LLC and Edmond DE Rothschild Holding S.A.. View Insider Buying and Selling for Rite Aid Corporation.

Who bought Rite Aid Corporation stock? Who is buying Rite Aid Corporation stock?

Rite Aid Corporation's stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., APG Asset Management N.V., Vanguard Group Inc., Symons Capital Management Inc., Credit Suisse AG, Coronation Fund Managers Ltd., CI Global Investments Inc. and State Street Corp. View Insider Buying and Selling for Rite Aid Corporation.

How do I buy Rite Aid Corporation stock?

Shares of Rite Aid Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Rite Aid Corporation's stock price today?

One share of Rite Aid Corporation stock can currently be purchased for approximately $3.74.


MarketBeat Community Rating for Rite Aid Corporation (NYSE RAD)
Community Ranking:  2.6 out of 5 ( )
Outperform Votes:  237 (Vote Outperform)
Underperform Votes:  212 (Vote Underperform)
Total Votes:  449
MarketBeat's community ratings are surveys of what our community members think about Rite Aid Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Rite Aid Corporation (NYSE:RAD) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Hold Ratings, 3 Buy Ratings
Consensus Rating:Buy (Score: 2.60)
Consensus Price Target: $6.11 (63.44% upside)

Analysts' Ratings History for Rite Aid Corporation (NYSE:RAD)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
6/12/2017Cowen and CompanyReiterated RatingOutperform$4.70MediumView Rating Details
4/25/2017GuggenheimDowngradeBuy -> NeutralMediumView Rating Details
3/20/2017Credit Suisse GroupReiterated RatingOutperform$6.50LowView Rating Details
3/6/2017Deutsche Bank AGReiterated RatingHold$9.00 -> $6.50N/AView Rating Details
1/31/2017MizuhoLower Price Target$6.75N/AView Rating Details
6/17/2016J P Morgan Chase & CoReiterated RatingHoldN/AView Rating Details
6/1/2016Evercore ISIDowngradeBuy -> HoldN/AView Rating Details
1/7/2016Jefferies Group LLCBoost Price TargetHold$9.00N/AView Rating Details
10/29/2015Goldman Sachs Group, Inc. (The)DowngradeBuy -> Neutral$9.00 -> $9.00N/AView Rating Details
9/18/2015S&P Equity ResearchReiterated RatingBuy$10.00 -> $9.00N/AView Rating Details
8/13/2015Bank of America CorporationInitiated CoverageBuy$11.00N/AView Rating Details
7/10/2015Raymond James Financial, Inc.DowngradeOutperform -> Market PerformN/AView Rating Details
(Data available from 6/27/2015 forward)

Earnings

Earnings History for Rite Aid Corporation (NYSE:RAD)
Earnings by Quarter for Rite Aid Corporation (NYSE:RAD)
Earnings History by Quarter for Rite Aid Corporation (NYSE RAD)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
12/22/2016Q317$0.04$0.02$8.23 billion$8.09 billionViewN/AView Earnings Details
9/22/2016Q2$0.03$0.03$8.09 billion$8.03 billionViewN/AView Earnings Details
6/16/2016Q117$0.05$0.01$8.23 billion$8.18 billionViewN/AView Earnings Details
4/7/2016Q416$0.06$0.07$8.47 billion$8.27 billionViewN/AView Earnings Details
12/17/2015Q316$0.06$0.06$8.20 billion$8.15 billionViewN/AView Earnings Details
9/17/2015Q216$0.03$0.02$7.60 billion$7.66 billionViewListenView Earnings Details
6/18/2015Q116$0.03$0.04$6.65 billion$6.60 billionViewListenView Earnings Details
4/8/2015Q415$0.07$0.12$6.79 billion$6.85 billionViewN/AView Earnings Details
12/18/2014Q315$0.05$0.10$6.55 billion$6.70 billionViewListenView Earnings Details
9/18/2014Q215$0.06$0.13$6.49 billion$6.52 billionViewListenView Earnings Details
6/19/2014Q115$0.05$0.04$6.43 billion$6.47 billionViewListenView Earnings Details
4/10/2014Q414$0.04$0.10$6.54 billion$6.60 billionViewListenView Earnings Details
12/19/2013Q314$0.04$0.04$6.30 billion$6.36 billionViewListenView Earnings Details
9/19/2013Q2 2014($0.04)$0.03$6.27 billion$6.30 billionViewListenView Earnings Details
6/20/2013Q1 2014$0.09$0.09$6.27 billion$6.30 billionViewListenView Earnings Details
4/11/2013Q4 2013($0.02)$0.13$6.47 billion$6.50 billionViewListenView Earnings Details
12/20/2012Q3 2013($0.03)$0.07$6.28 billion$6.24 billionViewListenView Earnings Details
9/20/2012Q213($0.07)($0.05)$6.20 billion$6.20 billionViewN/AView Earnings Details
6/21/2012($0.03)($0.03)ViewN/AView Earnings Details
4/12/2012($0.17)($0.18)ViewN/AView Earnings Details
12/15/2011($0.13)($0.06)ViewN/AView Earnings Details
9/22/2011($0.17)($0.11)ViewN/AView Earnings Details
6/23/2011($0.12)($0.07)ViewN/AView Earnings Details
4/7/2011($0.24)($0.24)ViewN/AView Earnings Details
12/16/2010($0.13)($0.09)$6.20 billion$6.20 billionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Rite Aid Corporation (NYSE:RAD)
2017 EPS Consensus Estimate: $0.18
2018 EPS Consensus Estimate: $0.22
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.06$0.06$0.06
Q2 20171$0.04$0.04$0.04
Q3 20171$0.08$0.08$0.08
Q1 20181$0.03$0.03$0.03
Q2 20181$0.04$0.04$0.04
Q3 20181$0.08$0.08$0.08
Q4 20181$0.07$0.07$0.07
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Rite Aid Corporation (NYSE:RAD)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Rite Aid Corporation (NYSE:RAD)
Insider Ownership Percentage: 2.29%
Institutional Ownership Percentage: 56.85%
Insider Trades by Quarter for Rite Aid Corporation (NYSE:RAD)
Institutional Ownership by Quarter for Rite Aid Corporation (NYSE:RAD)
Insider Trades by Quarter for Rite Aid Corporation (NYSE:RAD)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
6/15/2016Douglas E DonleySVPSell34,106$7.77$265,003.62View SEC Filing  
7/9/2015Tony MontiniEVPSell353,194$8.38$2,959,765.72View SEC Filing  
4/15/2015Joseph B Anderson JrDirectorSell150,000$8.25$1,237,500.00View SEC Filing  
4/13/2015Robert K ThompsonEVPSell95,850$8.33$798,430.50View SEC Filing  
4/10/2015Douglas E DonleyCAOSell59,404$8.21$487,706.84View SEC Filing  
4/10/2015Marcy SymsDirectorSell150,000$8.26$1,239,000.00View SEC Filing  
12/29/2014Tony MontiniEVPSell49,525$7.47$369,951.75View SEC Filing  
12/23/2014Tony MontiniEVPSell259,750$6.92$1,797,470.00View SEC Filing  
12/22/2014John T StandleyCEOSell1,700,000$6.82$11,594,000.00View SEC Filing  
12/22/2014Kenneth MartindaleCOOSell1,043,400$6.80$7,095,120.00View SEC Filing  
12/22/2014Robert Ivan ThompsonEVPSell149,231$6.80$1,014,770.80View SEC Filing  
7/3/2014Robert Ivan ThompsonEVPSell249,583$7.48$1,866,880.84View SEC Filing  
6/24/2014Joseph B Anderson JrDirectorSell26,667$7.05$188,002.35View SEC Filing  
6/23/2014Robert Ivan ThompsonEVPSell510,000$7.06$3,600,600.00View SEC Filing  
4/22/2014Marc StrasslerEVPSell224,800$7.12$1,600,576.00View SEC Filing  
4/21/2014Frank VitranoEVPSell1,913,925$7.08$13,550,589.00View SEC Filing  
4/16/2014Robert Ivan ThompsonEVPSell25,566$7.03$179,728.98View SEC Filing  
2/19/2014John StandleyCEOSell1,200,000$6.23$7,476,000.00View SEC Filing  
2/19/2014Kenneth MartindaleCOOSell666,667$6.23$4,153,335.41View SEC Filing  
1/21/2014Douglas DonleySVPSell24,173$5.79$139,961.67View SEC Filing  
1/3/2014John StandleyCEOSell600,000$5.48$3,288,000.00View SEC Filing  
1/3/2014Kenneth MartindaleCOOSell333,333$5.48$1,826,664.84View SEC Filing  
10/18/2013Robert K ThompsonEVPSell250,000$5.27$1,317,500.00View SEC Filing  
10/17/2013Douglas E DonleySVPSell88,700$5.27$467,449.00View SEC Filing  
10/17/2013Marc A StrasslerEVPSell100,000$5.31$531,000.00View SEC Filing  
10/14/2013Frank VitranoCFOSell1,982,900$5.00$9,914,500.00View SEC Filing  
10/4/2013Tony MontiniEVPSell414,500$5.21$2,159,545.00View SEC Filing  
9/25/2013Robert Ivan ThompsonEVPSell400,000$4.81$1,924,000.00View SEC Filing  
7/18/2013Robert K ThompsonEVPSell401,655$3.01$1,208,981.55View SEC Filing  
7/16/2013David JessickInsiderSell100,000$2.93$293,000.00View SEC Filing  
7/16/2013Marc A StrasslerEVPSell375,000$2.96$1,110,000.00View SEC Filing  
7/12/2013Douglas E DonleySVPSell6,899$2.80$19,317.20View SEC Filing  
7/11/2013Douglas E DonleySVPSell75,378$2.78$209,550.84View SEC Filing  
7/11/2013Robert Ivan ThompsonEVPSell375,000$2.75$1,031,250.00View SEC Filing  
6/26/2013Jean Coutu Group (Pjc) Inc.Major ShareholderSell40,500,000$2.75$111,375,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Rite Aid Corporation (NYSE:RAD)
Latest Headlines for Rite Aid Corporation (NYSE:RAD)
Source:
DateHeadline
investorplace.com logoRite Aid Corporation (RAD) Stock Will Disappear. The End Is Near. - Investorplace.com
investorplace.com - June 27 at 7:32 PM
investorplace.com logoRite Aid Corporation (RAD) Stock Will Disappear. The End Is Near.
investorplace.com - June 27 at 11:02 AM
benzinga.com logoWall Street's M&A Chatter From June 26: CST Brands, Rite Aid-Walgreens, Sinovac - Benzinga
www.benzinga.com - June 27 at 7:40 AM
fool.com logoWhy Fred's, Inc. and Rite Aid Corporation Stock Popped Today
www.fool.com - June 26 at 6:41 PM
investorplace.com logoWhy Rite Aid Corporation (RAD) Shares Soared Today
investorplace.com - June 26 at 6:19 PM
fool.com logoWhy Rite Aid, Valeant Pharmaceuticals, and Hertz Global Holdings Jumped Today
www.fool.com - June 26 at 5:07 PM
seekingalpha.com logoFred's and Rite Aid keep racing higher
seekingalpha.com - June 26 at 4:28 PM
investorplace.com logoBuy Rite Aid Corporation (RAD) Stock Before FTC Approves Its Merger
investorplace.com - June 26 at 3:25 PM
seekingalpha.com logoUnderstanding The Looming FTC Decision On Rite Aid
seekingalpha.com - June 26 at 8:00 AM
finance.yahoo.com logoAfter 20 Months, Still No Walgreens–Rite Aid Deal Approval
finance.yahoo.com - June 26 at 8:00 AM
investorplace.com logoWhy Rite Aid Corporation (RAD) Stock Hasn’t Lost an Ounce of Risk
investorplace.com - June 25 at 10:40 AM
investorplace.com logoWhy Rite Aid Corporation (RAD) Stock Hasn’t Lost an Ounce of Risk
investorplace.com - June 25 at 10:21 AM
seekingalpha.com logoRite Aid's Wild Ride - Seeking Alpha
seekingalpha.com - June 24 at 8:03 PM
fool.com logoRite Aid Stock Has a Lot to Prove on Thursday
www.fool.com - June 24 at 9:21 AM
finance.yahoo.com logoWachovia Bank Commercial Mortgage Trust 2003-C6 -- Moody's Affirms Two Classes of WBCMT 2003-C6
finance.yahoo.com - June 23 at 8:15 PM
investorplace.com logoIs Patience Still a Virtue With Rite Aid Corporation (RAD) Stock?
investorplace.com - June 23 at 7:55 AM
finance.yahoo.com logoRite Aid Celebrates Grand Reopening of Harrisburg Market Street Store in Strawberry Square
finance.yahoo.com - June 22 at 9:44 AM
finance.yahoo.com logoHumana takes center stage in Walgreens/Rite Aid merger
finance.yahoo.com - June 22 at 9:44 AM
finance.yahoo.com logoRite Aid (RAD) Expands with Store Reopening at Harrisburg, PA
finance.yahoo.com - June 22 at 9:44 AM
nasdaq.com logoOptions Traders Expect Huge Moves in Rite Aid (RDA) Stock - Nasdaq
www.nasdaq.com - June 21 at 3:03 AM
seekingalpha.com logoAmazon Isn't Buying Rite Aid - Seeking Alpha
seekingalpha.com - June 21 at 3:03 AM
americanbankingnews.com logoRite Aid Corporation (RAD) Receives Consensus Rating of "Buy" from Analysts
www.americanbankingnews.com - June 20 at 7:02 PM
finance.yahoo.com logoRite Aid Jumps 12%, Biggest Gain Since Merger News, But Why?
finance.yahoo.com - June 20 at 1:37 AM
fool.com logoWhy Valeant Pharmaceuticals, Rite Aid, and Novadaq Technologies Jumped Today
www.fool.com - June 19 at 5:01 PM
finance.yahoo.com logoOptions Traders Expect Huge Moves in Rite Aid (RDA) Stock
finance.yahoo.com - June 19 at 10:08 AM
thestreet.com logoWalgreens, Rite Aid Deal Saga Is Headed Into Its Final Hours - TheStreet.com
www.thestreet.com - June 17 at 8:10 PM
seekingalpha.com logoRisk Arbitrage Today: What If Rite Aid Deal Doesn't Happen?
seekingalpha.com - June 17 at 1:30 AM
finance.yahoo.com logoRite Aid-Walgreens Merger Update, Analysts Review, and Amazon Too?
finance.yahoo.com - June 17 at 1:30 AM
americanbankingnews.com logoInvestors Purchase High Volume of Rite Aid Corporation Put Options (RAD)
www.americanbankingnews.com - June 16 at 12:04 PM
benzinga.com logoWalgreens–Rite Aid Deal In Its Final Act - Benzinga
www.benzinga.com - June 15 at 9:20 PM
investorplace.com logoRite Aid Corporation (RAD) Stock Could Pop – Without a Merger - Investorplace.com
investorplace.com - June 15 at 4:20 PM
investorplace.com logoRite Aid Corporation (RAD) Stock Could Pop – Without a Merger
investorplace.com - June 15 at 10:30 AM
americanbankingnews.com logoTraders Purchase High Volume of Call Options on Rite Aid Corporation (RAD)
www.americanbankingnews.com - June 14 at 7:28 AM
americanbankingnews.com logoShort Interest in Rite Aid Corporation (RAD) Expands By 16.4%
www.americanbankingnews.com - June 14 at 7:22 AM
thestreet.com logoFred's Scores $500 Million in Financing as Doubt Lingers About the Walgreen's Merger With Rite Aid - TheStreet.com
www.thestreet.com - June 14 at 12:33 AM
finance.yahoo.com logoFred's (FRED) to Get Additional Funds for Rite Aid Stores
finance.yahoo.com - June 13 at 10:07 AM
zacks.com logoFred's (FRED) to Get Additional Funds for Rite Aid Stores - Zacks.com
www.zacks.com - June 13 at 8:52 AM
finance.yahoo.com logoETFs with exposure to Rite Aid Corp. : June 12, 2017
finance.yahoo.com - June 12 at 7:04 PM
americanbankingnews.com logoRite Aid Corporation (RAD) Rating Reiterated by Cowen and Company
www.americanbankingnews.com - June 12 at 9:54 AM
fool.com logoWhy Apple, Rite Aid, and NVIDIA Slumped Today -- The Motley Fool - Motley Fool
www.fool.com - June 11 at 12:29 AM
investorplace.com logoRite Aid Corporation (RAD) Stock: We've Seen This Setup Before - Investorplace.com
investorplace.com - June 10 at 8:31 AM
finance.yahoo.com logoFTC to advise blocking Rite Aid-Walgreens merger
finance.yahoo.com - June 9 at 7:37 PM
finance.yahoo.com logoHere's Why Rite Aid Corporation Is Slumping
finance.yahoo.com - June 9 at 7:37 PM
finance.yahoo.com logoWhy Apple, Rite Aid, and NVIDIA Slumped Today
finance.yahoo.com - June 9 at 7:37 PM
finance.yahoo.com logoWhy Should You Dump Fred's (FRED) from Your Portfolio Now?
finance.yahoo.com - June 9 at 7:37 PM
americanbankingnews.com logoComparing Rite Aid (RAD) and Walgreens Boots Alliance (WBA)
www.americanbankingnews.com - June 9 at 6:48 PM
fool.com logoHere's Why Rite Aid Corporation Is Slumping
www.fool.com - June 9 at 4:25 PM
investorplace.com logoRite Aid Corporation (RAD) Stock Has Hit the Worst-Case Scenario
investorplace.com - June 9 at 3:08 PM
investorplace.com logoRite Aid Corporation (RAD) Stock Falls on FTC Speculation
investorplace.com - June 9 at 2:25 PM
investorplace.com logoRite Aid Corporation (RAD) Stock: We’ve Seen This Setup Before
investorplace.com - June 9 at 1:15 PM

Social

Chart

Rite Aid Corporation (RAD) Chart for Tuesday, June, 27, 2017

This page was last updated on 6/27/2017 by MarketBeat.com Staff